Michael Joyce & Associates, P.C. (Richmond)


Michael Joyce & Associates, P.C. is a large advisory firm based in Richmond. It manages $369.67 million of regulatory assets for 930 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of District of Columbia, Maryland, North Carolina, Pennsylvania, and Virginia.

Michael Joyce & Associates, P.C provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Michael Joyce & Associates, P.C: assets under management

The assets under management (AUM) of Michael Joyce & Associates, P.C. is $369.67 million. The firm's AUM has grown by 566% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $298.75 million in discretionary accounts and $70.92 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $386.48 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $451.69 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Michael Joyce & Associates, P.C. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Michael Joyce & Associates, P.C.

Michael Joyce has been acting as President since 1 Jan 1993. Jack Everett Payne has served as the Chief Investment Officer since 1 Dec 2006.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Michael Joyce President 1 Jan 1993 75% - 100% 1047470
Jack Everett Payne Chief investment officer 1 Dec 2006 Other 4589465

Based in Richmond

The principal office where Michael Joyce & Associates, P.C. performs its advisory services is located at 9030 Stony Point Parkway, Richmond, VA 23235, which is also the mailing address of the firm. An additional office of the firm is in Bethlehem, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 804-358-2702 or by fax 804-358-9436. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at www.mjoyce.com.

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